Originally posted by kyviecaldges
Here's an article that was posted 1 hour ago.
I suppose that those who like the adrenaline rush that the OP gives will dismiss it as to allow for a continuation of their "the world is about to
explode" belief system.
BTW... we called this type of thinking "cognitive dissonance" when I got my undergrad in Psychology.
Anyway... this article is not speculation. It based on reality from a legitimate media source.
The U.S. dollar is back!
Thanks to a U.S. economy that is outperforming its peers in the developed world, an improving energy trade balance spurred by a domestic energy boom,
and a shifting interest rate environment, market practitioners are coming around to the notion that the dollar is poised to enter a new bull
link to source
edit on 13/3/2013 by kyviecaldges
because: (no reason given)
Oh, good gravy! SERIOUSLY????
They admit in your link that the fed is basically propping up the dollar, while at the same time debasing it with $85 million per day printed in Funny
Money, but still try and get people to think that the dollar will be roaring to all time highs and that it is on solid ground.
When I got my undergrad in psychology, we called that a delusion which has no basis in reality.
The way to bring down any country is through their economy. This is basic. Flooding the market with fake money with nothing to back it up will
debase the currency. This isn't a game of Monopoly, although it sure acts like it. Currency has to be tied to something solid.
Our economy, if you understand it properly, is now a Ponzi scheme which is nearing the end of its lifespan. It started in 1913. It is on life
support. This is not a recovering patient, this is a husk which is kept alive by artificial means.
That article you cited is ALL speculation, it is not based on fact, it is based on the word of the people who are actually doing the rigging and the
B.S.ing. These people are not credible whatsoever.
This country will wake up one day, even the happy-go-lucky types such as yourself, and find that the banks are closed and surrounded by law
enforcement, and you cannot access any ATMs. Our dollar will basically collapse, and a gallon of gas, which the day before may have been $3.50 -
$4.00 per gallon, will suddenly spike up to $8.00 or more per gallon. A loaf of bread will suddenly be $10. People will not be able to feed their
families, fill up their vehicles with gas, or pay their rent or utilities.
The fact that it hasn't already happened is because, I believe, those in charge aren't quite ready for the blowback that will occur when this
happens. But that time is coming close. My honest feeling is that we'll already be dragged into some kind of God-awful war before this occurs.
But you keep drinking the kool-aide, my friend. Don't prepare for anything, and assume that everything will somehow magically fix itself ("magical
thinking"....ring a bell, psych grad?). Despite the lack of solid fundamentals, and the signs of things to come staring you in the face, you go on
and whistle a happy tune.
Meanwhile, I watch the stock market every day, and I am horrified...and genuinely afraid.